Goldman Sachs Comments on Citi (C) Q1 Results
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Bernstein Upgrades Citi (C) to Outperform
April 15, 2014 6:39 AM EDTBernstein upgraded Citi (NYSE: C) from Market Perform to Outperform with a price target of $57.00 (from $52.00).
For an analyst ratings summary and ratings history on Citi click here. For more ratings news on Citi click here.
Shares of Citi closed at $47.67 yesterday.
... MoreRafferty Capital Upgrades Citi (C) to Hold
April 14, 2014 8:50 AM EDTRafferty Capital upgraded Citi (NYSE: C) from Sell to Hold.
For an analyst ratings summary and ratings history on Citi click here. For more ratings news on Citi click here.
Shares of Citi closed at $45.68 yesterday.
... MoreCitigroup, Inc. (C) Tops Q1 EPS by 16c
April 14, 2014 7:59 AM EDT(Updated - April 14, 2014 8:03 AM EDT)
Citigroup, Inc. (NYSE: C) reported Q1 EPS of $1.30, excluding CVA/DVA, versus the analyst estimate of $1.14. Revenue for the quarter came in at $20.1 billion versus the consensus estimate of $19.38 billion.
Michael Corbat, Chief Executive Officer of Citi, said, Despite a quarter that was difficult for our company, we delivered strong results. Both our consumer and institutional businesses performed well and we grew both loans and deposits while holding the line on our expenses. We reduced our deferred tax assets more than any other quarter since the crisis... More
